Alfred Hicks
Alfred Hicks is a CFP-designated registered investment advisor at Financial Planning Advisors, INC., based in Alton, IL, with 27 years of industry experience. Alfred operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 236 clients with $33M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $750K | 1.25% |
| $750K - $3.0M | 1.00% |
| $3.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
A separate agreement and disclosure are required in order to apply the Aggressive Trading Account Strategy to a client account. FPA will assess a two percent (2%) annual fee invoiced quarterly when account values meet the stated growth mark.
Fee Estimator
Location
1600 Washington Ave, Alton, IL, 62002
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Alfred is the President of Financial Planning Advisors, Inc., a Registered Investment Advisor (RIA) firm, dedicating nearly full-time hours to providing financial and investment advice. He also owns an insurance and fixed annuity sales business, taking about 10-20% of his time to implement insurance purchase recommendations.
Employment History
Current Registrations
Financial Planning Advisors, INC.
State Registrations4 states
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